[quote]The mods will be the final line of defense as opposed to the only line of defense presently[/quote]
Drat. Here endeth my quest to amass great karma and trample over all who oppose me.
Now I have to modify strategy to a slower one. Each fiend must lurk for quite some time before +voting a baron fiend. Then each baron might need to lurk for quite a while in between +voting the crownprince of purple fiendishness.
In 2017, the mods can blat those miscreant little munchkins, now that they know to look out for them.
What happens in the future when the little thingies are cleverer and the site has been onsold a few times to people who don't even read English never mind the source code ? If we make a self-regulating ruleset, then, we should have it as resilient as possible against misuse and not sell it as a "needs no attention. magic money-tree site". Get it right, and we have a model which the chat outlets can look at and which might get less fake news and bad resulting choices than the incumbant twitocracy. Get it wrong and we get 4+-2C of global mean temperature rise per century assertively restated to sound less lethal as "less than 2C above pre-industrial levels with an aspirational target of below 1.5C" . After years of buy-spam here, that is.
I still rather like having a structured forum with subjects to follow, rather than an unstructured broadcast channel, in order to be more suspicious of particular threads. I still think that a fealty visit to the chancelry of the crownprince of fiends to +vote his nasty utterances ought to mark the visitor as "potentially" a baron, for which no amount of karma dusting from smaller fiends can protect him from removal. That is, a single visible 'karma' state variable for each account might be insufficient to dismiss baron fiends who pretend to be good traders for much of the time. A second state variable visible to mods and neither visible nor influenced by the public might be a good idea, as long as the mods are honest and consistent about how they record and read one anothers' records about suspicion.
Above I italicized a possible measure to combat such activity. The output karma would decrease in value quickly for those up-voting in a suspicious manner. In the example provided that means each of those 100 purple fiends would have to up-vote 1 fiend up to 100 times just for said fiend to receive 1 point worth of Karma past a certain point.
Let's say I'm a new user who just created an account, I find a post, comment, etc. hit the thumbs up, it's worth 1 full Karma point. Now I find another post I like 2 minutes later; 0.95 Karma points. Then a minute later; 0.85 karma points. And another in 30 seconds; 0.6 karma points. 15 seconds later; 0.3 karma. 5 seconds; 0.1... And so on, until it reaches a value of 0.01. The recovery time will extend the lower your karma value reaches. 15 minutes to recover 0.05 karma - 45 minutes for 0.1 - 3 hours to recover 0.2 karma - 6 hours for 0.3 and so on.
These are just examples, it can be tweaked based on Cryptopia's data for effectiveness. This format encourages users to be selective about what they upvote. Therefore, those aware of this system wouldn't bother to partake in such an extreme waste of time.
The only way this would be effective is if each of the fiends have full karma and all vote on 1 fiend to become Karma King. Even then, that would probably set off a red flag and admin just has to come along, kill the king, and all that effort would be for naught. If the fiends spread the wealth, it would be as effective as a CPU mining pool for bitcoin; more effort than payoff.
As for the buy-spam, they WOULDN'T have access to the exclusive channel because their karma would be too low. Should their Karma King slip in to pump his coin... the mods are still there. But realistically, this is all a bit of a stretch... no ones going to waste that much time organizing a karma club. Even if they do, the mods/admin require a whole lot less energy to elminate the problem due to this system. If someone one were to do such a thing today, would be a different story.
So the simple answer, the exclusive channel and karma system itself would stop them. The mods will be the final line of defense as opposed to the only line of defense presently.
Thanks for the considered reply and don't worry about the random content later in my post. Perhaps those are examples of the sort of nonsense which a covert buy-spammer can broadcast if there are not robust measures to prevent their doing so.
Have you any thoughts on how to stop the following :
Suppose that a couple of hundred of my purple fiends up-vote one another and then use the channel to fluff up the prices with disguised buy-spam. What is there to stop them ?
It is for this reason that I prefer a forum with organisation primarily by subject and then afterwoods chronological sorting, because it leaves a trail for moderators to see who looked at an obsure forum thread about <random topic meaning buy> and monitor their account gains for any sign of illegaly improbable on the exchange.
Not sure if this is a response to my post or a different thread entirely. Had my attention the first half of your paragraph, then lost me on the second part. But I'll try to respond as best as possible. First, this wouldn't take up more screen space, it can easily fit into the current chat configuration via drop-dowm menu or a simple radial button, checkbox, on/off switch etc.. Essentially, the channel would only determine who sees what in the chat box. Not a script-heavy discord type functionality, thinking of something more binary for optimized performance.
As far as the buy-spam, that wouldn't be allowed in the exclusive channel since the person doing that will likely have a low karma rating if the system above were implemented. Therefore they wouldn't even have access. This doesn't get rid of moderators, only makes their job less cumbersome since users would see the penalties reflected in their karma integer and many will adjust accordingly.
That would effectively broadcast quick messages to all cryptopia users, at the expense of taking up screenspace, and probably would soon get used by nasty hissybot traders who predistributed the word of the day substitution code for "buy dodgecoin ... buy ... buy ... buy ... ". Since their hissyqueen ringleader profits from selling the codebook, and it has to be at the expense of someone, either she scams her own userbase or scams the general public. It is not the job of the exchange to provide the channel through which those ones send broadcasts. There are plenty of other places which they can use, hopefully leaving a trail which law enforcement can follow if the sums of money go over one tube of acne cream or one fake velour elvis collar.
i find arbitrage trading as nice source of income, but in crypto world and here on cryptopia i am little bit newbie.
So, i would like to ask how exactly can i earn with this service from Cryptopia?
I just find some coin e.g. first coin - AudioCoin. I see its last price on Cryptopia is 1,999DOGE right now and 1,341 on Bluetrade.
So ich i take 1000DOGE and buy AudioCoins on Bluetrade (=745ADC) and then move them here on cryptopia and change them here back to DOGE (745ADC=1489DOGE).
So I just earned 489DOGE minus some fees.
Is my calculation correct?
What are the fees?
Is it worth it to do?
Thank you for your help and clarification.
Sharing your social media profile, while asking for money in the cryptocurrency space, is not very smart. That and your "loan" isn't a loan unless you have a plan to recover the money. Recieving your quincena doesn't count as recovering the money, because you are not effectively recovering the money, if you didn't need that money from your quincena for something else, you wouldn't be asking for money. Since you need it for something else, that is not money you can use to repay the 'loan' you are asking for.
Also, try Steemit.com if you are not jsut looking for easy money.